Saturday 17 October 2026 Export PAM’s income statement to Excel — free account

Pampa Energia S.A.

Pampa Energia S.A.’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, up 6.50% from fiscal 2024. In the quarter to June 2026, revenue grew 53.5%, EPS grew 358.6%, free cash flow grew 82.4% and total debt rose 63.4%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

81.10 0.62 +0.77%

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Market cap: $4.3B
P/E: 7.7×
Fwd P/E: 8.5×
Dividend yield: —
F-score: 5/9
Altman Z: 1.77
Beneish M: −2.50
Dividend safety: 41/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 26.10

Total sells 47.68

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	2	2	—	4	2	—
Sell	—	—	—	—	3	4	2	2	1	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 4,300.00

Revenue 2,417.00

Net Income 575.00

Free Cash Flow (455.00)

Net Debt 1,319.00

Current Ratio 3.64

Debt/Equity 0.64

P/E ratio 7.70

Fwd P/E 8.51

P/S ratio 1.78

P/B ratio 1.06

Past 5Y EPS Growth —

This Y EPS Growth 45.69%

Next Y EPS Growth 8.56%

Next Y revenue growth 198,748.25%

Next 5Y EPS Growth 21.63%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 50.34%

10-year low 10-year high

P/S against its own 10 years 77.77%

10-year low 10-year high

P/B against its own 10 years 53.26%

10-year low 10-year high

EV/Sales against its own 10 years 78.07%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2020	Powerpack
2019	Powerpack
2018	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	835	1,669	1,143	1,281
Receivables	296	488	614	948
Inventory	205	223	231	283
Other	—	—	—	—
	1,336	2,380	1,988	2,512

	2023	2024	2025	Q'26
Payables	238	253	397	359
ST’ Debt	224	706	48	25
Other	9	17	19	73
	521	1,302	639	690

Compound Annual Growth %

	10y	5y	3y
Sales	9.88%	13.24%	2.99%
Cash Flow	4.55%	2.34%	7.92%
Earnings	1.23%	0.00%	(6.14%)
Book Value	14.74%	15.30%	16.43%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	573	746	—	—	—
’25	414	486	591	507	1,998
’24	401	500	540	435	1,876
’23	436	474	504	317	1,732
’22	414	472	512	431	1,829
’21	324	346	438	400	1,508
’20	607	206	654	285	1,073

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(233)	214	—	—	—
’25	90	57	343	288	778
’24	(20)	84	222	149	435
’23	169	155	93	157	575
’22	119	95	161	244	619
’21	175	177	233	144	729
’20	161	142	224	166	693

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(498)	(39)	—	—	—
’25	(72)	(222)	418	(330)	(206)
’24	(72)	(127)	106	78	(12)
’23	(4)	14	(11)	(161)	(162)
’22	47	(11)	51	105	193
’21	150	128	168	79	525
’20	92	72	175	232	570

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	3.90	3.21	—	—	—
’25	2.81	0.70	0.42	3.00	6.93
’24	4.90	1.80	2.70	1.90	11.40
’23	2.56	3.01	2.80	(2.90)	5.50
’22	1.79	1.20	3.23	2.05	8.26
’21	0.67	1.26	2.36	0.70	4.88
’20	0.21	0.06	1.29	(7.96)	(5.95)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	17.52	35.52	24.93	12.01	8.72	12.17	17.97	26.86	38.15	54.95	Analyst estimates 2026–2028 Powerpack
	High	37.11	71.39	72.98	39.89	16.69	21.28	32.00	52.17	93.11	97.55
People
People	Employees	7,174	3,330	2,127	1,944	1,937	1,937	1,907	1,924	1,847	1,847
	Revenue/emp, $m	0.30	0.91	1.37	0.69	0.55	0.78	0.96	0.90	1.02	1.08
Income, $m
Income, $m	Revenue	2,119	3,041	2,920	1,338	1,073	1,508	1,829	1,732	1,876	1,998
	Gross margin, %	19.68	31.62	32.64	39.39	38.21	36.67	37.73	36.09	31.82	31.48
	EBT	(91)	254	224	473	159	390	581	623	498	582
	EBT margin, %	(4.31)	8.36	7.67	35.35	14.82	25.86	31.77	35.97	26.55	29.13
	Net income	(17)	331	207	603	124	313	457	305	619	378
	Depreciation	205	207	234	186	205	205	212	267	342	414
Per share, $
Per share, $	Revenue	30.51	38.57	35.85	27.88	17.06	26.83	33.11	31.70	34.49	36.73
	Earnings	(0.01)	3.54	(0.18)	9.50	(5.95)	4.88	8.26	5.50	11.40	6.93
	Cash flow	5.83	8.21	7.49	16.71	11.02	12.97	11.21	10.52	8.00	14.30
	Capex	(5.88)	(8.22)	(2.64)	(8.00)	(1.96)	(3.63)	(7.71)	(13.49)	(8.22)	(18.09)
	Free cash flow	(0.05)	(0.01)	4.85	8.71	9.06	9.34	3.49	(2.96)	(0.22)	(3.79)
	Book value	13.72	15.41	22.04	50.19	28.13	31.87	41.35	44.16	60.57	66.27
	Shares, m	69	79	81	48	63	56	55	55	54	54
Valuation, ×
Valuation, ×	P/E	0.00	19.93	79.53	1.65	0.00	4.23	3.76	8.82	7.78	12.77
	P/S	1.18	1.79	0.89	0.41	0.46	0.79	0.94	1.52	2.55	2.41
	P/B	2.62	4.49	1.44	0.46	0.45	0.66	0.75	1.09	1.45	1.34
	EV/Sales	1.83	2.34	1.40	0.88	1.10	1.36	1.44	1.88	2.77	2.78
	EV/FCF	(2,202.01)	(13,088.82)	10.39	5.77	3.38	3.89	13.25	(20.05)	(1,503.22)	(26.62)
Cash, $m
Cash, $m	Operating cash flow	405	647	610	802	693	729	619	575	435	778
	Capex	(409)	(648)	(215)	(384)	(123)	(204)	(426)	(737)	(447)	(984)
	Free cash flow	(4)	(1)	395	418	570	525	193	(162)	(12)	(206)
Balance, $m
Balance, $m	Working capital	(467)	277	339	508	948	783	712	815	1,078	1,349
	Total debt	1,758	2,595	2,177	1,947	1,614	1,438	1,613	1,448	2,079	1,892
	Net debt	1,376	1,663	1,496	1,299	1,123	865	913	613	410	749
	Shareholders’ equity	953	1,215	1,795	2,409	1,769	1,791	2,284	2,413	3,295	3,605
Returns, %
Returns, %	ROA	(0.02)	5.93	3.74	12.19	(6.94)	6.24	10.60	6.38	11.19	5.83
	ROIC	(0.01)	11.16	11.09	7.13	6.61	11.01	11.03	9.42	5.90	5.27
	ROE	(0.08)	31.60	14.88	32.92	(17.57)	15.34	22.38	12.86	21.69	10.93

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
VMI Valmont Industries, Inc.	$8.7B	17.2×	23.4×	+6.49% (above 0%: growing)	n/m	−16.58% (below 0%: shrinking)	30.47%	14.85%	Compare
BBUC Brookfield Business Partners L.P.	$5.5B	— (loss-making)	— (loss-making)	−2.96% (below 0%: shrinking)	+50.00% (above 0%: growing)	−2,167.65% (below 0%: shrinking)	19.59%	15.15%	Compare
PAM Pampa Energia S.A.	$4.3B	7.7×	8.5×	+53.50% (above 0%: growing)	+358.57% (above 0%: growing)	+82.43% (above 0%: growing)	35.39%	25.20%
SEB Seaboard Corporation	$3.8B	5.9×	— (loss-making)	+17.82% (above 0%: growing)	+51.82% (above 0%: growing)	−11.29% (below 0%: shrinking)	7.56%	3.42%	Compare
OTTR Otter Tail Corporation	$3.8B	19.3×	14.9×	+0.40% (above 0%: growing)	n/m	−145.61% (below 0%: shrinking)	57.45%	(7.24%)	Compare
DLX Deluxe Corporation	$1.1B	10.3×	8.7×	−4.22% (below 0%: shrinking)	−18.00% (below 0%: shrinking)	+110.79% (above 0%: growing)	51.99%	11.16%	Compare
FBYD Falcon's Beyond Global, Inc.	$1.0B	— (loss-making)	—	+120.40% (above 0%: growing)	n/m	+130.40% (above 0%: growing)	62.66%	(4.66%)	Compare
CRESY Cresud S.A.C.I.F. y A.	$807.9M	4.9×	—	−1.49% (below 0%: shrinking)	−69.01% (below 0%: shrinking)	−461.41% (below 0%: shrinking)	46.69%	(49.10%)	Compare
CODI Compass Diversified Holdings	$799.0M	— (loss-making)	— (loss-making)	−11.42% (below 0%: shrinking)	n/m	+150.97% (above 0%: growing)	47.16%	6.83%	Compare
Median of peers	$2.4B	10.3×	14.9×	−0.54%	+16.00%	−13.93%	46.93%	5.13%

All 28 Conglomerates stocks →

Pampa Energia S.A. (PAM) key facts

Strength: Pampa Energia S.A.’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, up 6.50% from fiscal 2024.
Pampa Energia S.A. (PAM) is a Conglomerates company in the Industrials sector, traded in the US as an ADR.
As of October 16, 2026, PAM traded at $81.10, a market capitalization of $4.3 billion.
Return on equity was 10.9% and debt-to-equity 0.64.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 1.77 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.